Question
2018 2019 Sales 100 110 Cost of Goods Sold 50 60 Net Income 10 14 Equity 50 60 Inventory 15 20 Current Assets 20 15
|
| 2018 | 2019 |
| Sales | 100 | 110 |
| Cost of Goods Sold | 50 | 60 |
| Net Income | 10 | 14 |
| Equity | 50 | 60 |
| Inventory | 15 | 20 |
| Current Assets | 20 | 15 |
| Current Liabilities | 22 | 20 |
| Total Liabilities | 40 | 60 |
| Total Assets | 90 | 120 |
Calculate Return on Equity and Asset Turnover for 2019
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Financial Management An Introduction
Authors: Jim McMenamin
1st Edition
0415181623, 9780415181624
